GOP vs EXXon on the Carbon Tax Today

View on Bloomberg Goverment website

Date

June 10, 2016

News Type

Media Highlight

Source

Bloomberg Goverment

"'The biggest effect of the Clean Power Plan is to provide a backstop,' Dallas Burtraw of Resources for the Future, wrote in a blog post. 'That is, in the event that relative fuel prices between natural gas and coal change in coal’s favor, the Clean Power Plan would discourage a new expansion in coal-fired generation. With the plan delayed, there is more uncertainty about what would happen if the technology or fuel price fates were to suddenly favor coal.'"

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